ST Engg unit makes cash injection to add to fleet

Singapore

THE aerospace arm of Singapore Technologies Engineering has injected close to US$5.8 million into one of its subsidiaries to add an Airbus 321 to its fleet of aircraft.

The company said in a filing on Friday that ST Aerospace Resources has made a further capital injection into Keystone Holdings (Global) to add an Airbus 321 into its aircraft leasing portfolio. Keystone is the holding company for aircraft leasing i…